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201901173 pursuant to this provision shall be payable by Grantor on demand and added to the indebtedness hereby secured. 28. Construction Loans. (1) Pursuant to the Nebraska Trust Deeds Act transfers in trust of real property may be made to secure (a) existing debts or obligations created simultaneously with the execution of the Deed of Trust, (b) debts or obligations created simultaneously with the execution of the Deed of Trust, (c) future advances necessary to protect the security, even though such future advances cause the total indebtedness to exceed the maximum amount stated in the Deed of Trust, (d) any future advances to be made at the option of the parties in any amount unless, except as otherwise provided under subsection (2) or (3) of this section, a maximum amount of total indebtedness to be secured is stated in the Deed of Trust, or (e) the performance of an obligation of any other person named in the Deed of Trust to a Beneficiary. The total amount of indebtedness hereby secured may increase or decrease from time to time, but the total unpaid balance of indebtedness hereby secured (including disbursements which Beneficiary may make under this Deed of Trust, the Credit Agreement or any other documents related thereto) at any one time outstanding shall not exceed a maximum principal amount of One Hundred Thirteen Million and No/100 Dollars ($113,000,000) plus interest thereon and any disbursements made for payment of taxes, special assessments or insurance on the Mortgaged Premises and interest on such disbursements. (2) Future advances necessary to protect the security shall include, but not be limited to, advances for payment of real property taxes, special assessments, prior liens, hazard insurance premiums, maintenance charges imposed under a condominium declaration or other covenant, and costs of repair, maintenance, or improvements. Future advances necessary to protect the security are secured by the Deed of Trust and shall have the priority specified in subsection (3) of this section. (3) (a) Except as provided in subdivision (b) of this subsection, all items identified in subsection (1) of this section are equally secured by the Deed of Trust from the time of filing the Deed of Trust as provided by law and have the same priority as the Deed of Trust over the rights of all other persons who acquire any rights in or liens upon the trust property subsequent to the time the Deed of Trust was filed. (b)(i) The Grantor or his or her successor in title may limit the amount of optional future advances secured by the Deed of Trust under subdivision (1)(d) of this section by filing a notice for record in the office of the register of deeds of each county in which the trust property or some part thereof is situated. A copy of such notice shall be sent by certified mail to the Beneficiary at the address of the Beneficiary set forth in the Deed of Trust or, if the Deed of Trust has been assigned, to the address of the most recent assignee reflected in a recorded assignment of the Deed of Trust. The amount of such secured optional future advances shall be limited to not less than the amount actually advanced at the time of receipt of such notice by the Beneficiary. (ii) If any optional future advance is made by the Beneficiary to the Grantor or his or her successor in title after receiving written notice of the filing for record of any Deed of Trust, mortgage, lien, or claim against such trust property, then the amount of such optional future advance shall be junior to such Deed of Trust, mortgage, lien, or claim. The notice under this subdivision shall be sent by certified mail to the Beneficiary at the address of the Beneficiary set -19-